. ♪ - super excited to open up my diploma from southern new hampshire university. ♪ ♪ - i'm nervous,♪ ♪ - [man] okay, let's see it. let's see it. - oh my gosh. - jesus suarez, i did it and it's here. (group cheers) ♪ ♪ - [narrator] next term starts soon. visit snhu.edu. visit snhu.edu. it's an amazing thing when you show generosity of spirit to someone. and you want people to be saved and to have a better life, then you don't stop. the idea that we have saved five million people's lives, it's overwhelming. it's everything. haslinda: it is a $330 billion business, and it is at a crossroads, connecting people with jobs, at a time when ai is on the rise, generations are shifting, and talent retention has never been more challenging. hisayuki: all the companies are having less supply of labor force. that is the biggest trend. haslinda: now, the staffing and recruiting industry needs to tackle these challenges head on.

. ♪ - super excited to open up my diploma from southern new hampshire university. ♪ ♪ - i'm nervous,xcited. ♪ ♪ - [man] okay, let's see it. let's see it. - oh my gosh. - jesus suarez, i did it and it's here. (group cheers) ♪ ♪ - [narrator] next term starts soon. visit snhu.edu. visit snhu.edu. so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase branches and tools, like wealth plan to keep you on track. when you're planning for it all... the answer is j.p. morgan wealth management. you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh ♪ relax into a caribbean state of mind. visit sandals.com or call 1-800 sandals. scarlet: senator richard blumenthal this morning during the first of

. ♪ - super excited to open up my diploma from southern new hampshire university. ♪ ♪ - i'm nervous,♪ ♪ - [man] okay, let's see it. let's see it. - oh my gosh. - jesus suarez, i did it and it's here. (group cheers) ♪ ♪ - [narrator] next term starts soon. visit snhu.edu. visit snhu.edu. sonali: this is bloomberg markets. it's time for the wall street beat and today we are looking at how legendary investor leon cooperman inadvertently funded and a legend predatory lender. we will talk about a story that is one of the most read on the terminal, the business of merchant cash advances is kind of like a payday loan for small businesses but it's gotten and snared in this booming world of private credit. what is the length? >> merchan cash advances are very high interest, very quick money that if you are a pizza parlor or nail salon, you can get this money quickly. the business has got problems with it. sometimes the loans end up being illegal and they can hurt small businesses rather than help them. where private credit comes in is there is a boom right now and private credit on wall street

. ♪ - super excited to open up my diploma from southern new hampshire university. ♪ ♪ - i'm nervous,ited. ♪ ♪ - [man] okay, let's see it. let's see it. - oh my gosh. - jesus suarez, i did it and it's here. (group cheers) ♪ ♪ - [narrator] next term starts soon. visit snhu.edu. visit snhu.edu. ♪ ♪ ♪ ♪ ♪ give into the rhythm of the islands and delight in a caribbean state of mind. visit sandals.com or call 1-800 sandals. dr. goodall: that started in 1997 and some students -- by then, i had a little research station, and four of my students were kidnapped, and everything shut down. some friends of mine said, let's start an institute so this research could carry on, bless them. that was 1977, and it was set up to study, conserve chimpanzees and other animals, and educate. it has developed since then. we've got 27 jane goodall institutes around the world. and then i realized at some point that the african people living in and around chimpanzee habitats right across africa were struggling to survive. it was crippling poverty, lack of health and education, moving deeper into the forest, bein

. ♪ - super excited to open up my diploma from southern new hampshire university. ♪ ♪ - i'm nervous,xcited. ♪ ♪ - [man] okay, let's see it. let's see it. - oh my gosh. - jesus suarez, i did it and it's here. (group cheers) ♪ ♪ - [narrator] next term starts soon. visit snhu.edu. visit snhu.edu. ♪ relax into a caribbean state of mind. visit sandals.com or call 1-800 sandals. francine: infrastructure has been a bright spot for brookfield. the company is gathering cash for a new fund targeting buyout opportunities in the middle east. and it plans to start a pool that invests in financial infrastructure, such as payment systems as demand grows. i continue my conversation with bruce flatt. did you know, in 2002, that you wanted to be at $900 billion assets under management? or $1 trillion? bruce: we are just trying to make money for clients in a thoughtful way. and we have done that for a long time. and the reason we are at the scale we are is that we have been thoughtful with their money, and we have earned them a good return, and we have not taken a lot of risk. and if you can do that ov

. - super excited to open up my diploma from southern new hampshire university. ♪ ♪ - i'm nervous, i'm[man] okay, let's see it. let's see it. - oh my gosh. - jesus suarez, i did it and it's here. (group cheers) ♪ ♪ - [narrator] next term starts soon. visit snhu.edu. visit snhu.edu. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms. unlock support from the schwab trade desk, our team of passionate traders who live and breathe trading. and sharpen your skills with an immersive online education crafted just for traders. all so you can trade brilliantly. abigail: you are the of the principal room. next up, kristina hooper joins us. this is bloomberg. katie: it is time now for our wall street week conversation and we are looking at the commercial real estate market. we speak with ryan williams along with david westin. david: let me ask you the most basic question did you see transactions go down and have you seen them go back up as far as number and size come back up. ryan: it's

. ♪ - super excited to open up my diploma from southern new hampshire university. ♪ ♪ - i'm nervous,xcited. ♪ ♪ - [man] okay, let's see it. let's see it. - oh my gosh. - jesus suarez, i did it and it's here. (group cheers) ♪ ♪ - [narrator] next term starts soon. visit snhu.edu. visit snhu.edu. katie: u.k. futures broker will begin trading on the nasdaq. it will sell about 15.4 million shares for $19. that will raise just under $300 million in the ipo. joining us more is in lo-- is s an lowitt, a u.k. futures broker. your primary listing is now in the united states. why the united states? ian: thanks. that is rbc a great question. we are a global company. we service some of our clients out of 35 offices around the world. we are proud to be domiciled in london, which provides us advantages in terms of time zone. when it came to listing, we were sort of hugely impressed by the depth of knowledge of our space and of market infrastructure companies, of which we are one, here in the united states. there was great receptivity and we have been able to assemble a sort of fantastic book of hig

. ♪ from southern new hampshire university. ♪ ♪ - i'm nervous, i'm excited. ♪ ♪ - [man] okay, let's see - jesus suarez, i did it and it's here. (group cheers) ♪ ♪ - [narrator] next term starts soon. visit snhu.edu. visit snhu.edu. how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. >> you are looking at a live shot of the principal room. coming up, cantor fitzgerald ceo howard let nick about his desk howard lutnick. this is bloomberg. time for talking tech. abu dhabi startup chief 42 is choosing sides. the company known for a sprawling product portfolio is teaming up with american companies like amazon and microsoft and divesting from its chinese partners. the move comes amid worries from u.s. officials of open backdoors from the chinese government with some members considering an intelligence briefing to discuss g 42's latest partnership. the chinese online tutoring platform has filed for a u.s. ipo according to sour

. ♪ - super excited to open up my diploma from southern new hampshire university. ♪ ♪ - i'm nervous,xcited. ♪ ♪ - [man] okay, let's see it. let's see it. - oh my gosh. - jesus suarez, i did it and it's here. (group cheers) ♪ ♪ - [narrator] next term starts soon. visit snhu.edu. visit snhu.edu. at t. rowe price we let curiosity light the way. asking smart questions about opportunities like clean water. and what promising new treatment advances can make a new tomorrow possible. better questions. better outcomes. ed: coinbase and circle penned letters to senator schumer and mcconnell urging congress to enact a comprehensive regulatory framework for stablecoins and digital asset market structure one week after the u.s. appeals court revived a lawsuit against coinbase accusing the cryptocurrency exchange of facilitating the sale of unregistered securities. joining us is the chief policy officer at coinbase. let's start with the suit or the revival of the suit last week and get your immediate response to it. >> the suit you are talking about is a private action that has gone into appeals.

. ♪ - super excited to open up my diploma from southern new hampshire university. ♪ ♪ - i'm nervous,t's see it. - oh my gosh. - jesus suarez, i did it and it's here. (group cheers) ♪ ♪ - [narrator] next term starts soon. visit snhu.edu. visit snhu.edu. ♪ katie: it's time for social climbers, look at the stocks making waves on social media. first up we have carmax losing speed as it reports profit and sales that fell below estimates in the fourth quarter. the used car dealer sites inflationary pressures and vehicle affordability challenges. next up is rent the runway back in fashion and it -- as it tops earnings expectations in the fourth quarter. membership loyalty rose 10% thanks to improvements in its digital user experience. finally,doordash is getting an upgrade to buy. they had downgraded them because they were concerned this was having a negative impact. never underestimate the spending power and appetites of college students. you can follow the latest company buzz trm go on your bloomberg terminal. it's a down day on wall street. the s&p 500 is down only slightly, about 0.2% b

." ♪ en up my diploma from southern new hampshire university. ♪ ♪ - i'm nervous, i'm excited. ♪ ♪ - [ee it. - oh my gosh. - jesus suarez, i did it and it's here. (group cheers) ♪ ♪ - [narrator] next term starts soon. visit snhu.edu. visit snhu.edu. wealth-changing question -- are you keeping as much of your investment gains as possible? high taxes can erode returns quickly, so you need a tax-optimized portfolio. at creative planning, our money managers and specialists work together to make sure your portfolio and wealth are managed in a tax-efficient manner. it's what you keep that really matters. why not give your wealth a second look? book your free meeting today at creativeplanning.com. creative planning -- a richer way to wealth. caroline: this is "bloomberg technology." you are looking at a live shot of the principal room. tune into "bloomberg crypto" at noon. this is bloomberg. ♪ caroline: investing in privately held companies can be difficult for retail investors, but destiny tech 100 is trying to change that. it holds shares of private tech startups -- think openai, discord. i

. - super excited to open up my diploma from southern new hampshire university. ♪ ♪ - i'm nervous, i'med. ♪ ♪ - [man] okay, let's see it. let's see it. - oh my gosh. - jesus suarez, i did it and it's here. (group cheers) ♪ ♪ - [narrator] next term starts soon. visit snhu.edu. visit snhu.edu. katie: one stock we are following is johnson & johnson. their first quarter profit beat wall street's estimates, but it slightly narrowed its adjusted profit guidance for the rest of the year. i am thrilled that we have joe wolk, the johnson & johnson executive vice president and chief financial officer. let's start with that adjusted profit guidance for the year, narrowing to a range of $10.57to $10.72 a share. the earlier forecast was for $10.55 to $10.75 a share. why the narrow range? >> good morning. rate to be here with you. thanks for your interest in johnson & johnson paired we had a really strong first quarter, encouraged we will be able to meet the guidance we outlined in january. with the passage of one quarter, we see less risks. from an operational perspective, we took out and raised th

. ♪ - super excited to open up my diploma from southern new hampshire university. ♪ ♪ - i'm nervous,ited. ♪ ♪ - [man] okay, let's see it. let's see it. - oh my gosh. - jesus suarez, i did it and it's here. (group cheers) ♪ ♪ - [narrator] next term starts soon. visit snhu.edu. visit snhu.edu. sonali: this is "bloomberg markets." i'm sonali basak. blue owl is launching another real estate strategy with the purchase of prima capital advisors. they are to pay $70 million, prima manages about $10 million of assets. we will bring in the blue owl copresident who runs the real estate side of the business. it is interesting because blue owl got deeper into the real estate business by acquiring your business a number of years ago. it begs the question on what the play is? >> it is a phenomenal entry point to real estate finance. as traditional lenders are slowing down, and you are seeing a pickup in rates and spreads, we think it is a great time to enter that marketplace. sonali: when you say traditional lenders, are you referring to the slow of regional banks that are feeling pressured? >> co